Bankruptcy Courts
Last Days of Yukos As Bankruptcy Court Says Investors Have No Role
A Russian court has barred major shareholders in the beleaguered oil company Yukos from taking part in its bankruptcy proceedings.
Yukos Shareholders Sue Accountants for Millions
Accoutant PricewaterhouseCoopers faces a multimillion pound lawsuit from Yukos shareholders over its work as auditor for the embattled Russian oil company. News of the court action in the US comes as Yukos teeters on the verge of bankruptcy - and as Russia itself is threatened by the...
United Airlines Files for Bankruptcy
United Airlines filed for federal bankruptcy court protection today, reeling from two years of heavy losses and unable to pay off nearly $1bn in debt that comes due this week. The Chapter 11 filing in US bankruptcy court in Chicago is by far the largest airline bankruptcy ever. The...
Ebbers 'dominated' Failed Worldcom
A court-appointed investigator last night presented a withering portrayal of former WorldCom chief executive Bernard Ebbers, who was said to have single-handedly "dominated" the failed company. In a 122-page report filed with the bankruptcy court, Richard Thornburgh also raised the...
Kremlin's last TV critic silenced
Russia's last independent national television station was ordered to shut down yesterday when it lost a court battle over its alleged bankruptcy, a decision widely seen as a politically inspired attempt to stifle criticism of the Kremlin. TV-6, a channel mainly owned by Boris Berezovsky,...
United Airlines filed for federal bankruptcy court protection today, reeling from two years of heavy losses and unable to pay off nearly $1bn in debt that comes due this week. The Chapter 11 filing in US bankruptcy court in Chicago is by far the largest airline bankruptcy ever. The...
Ebbers 'dominated' Failed Worldcom
A court-appointed investigator last night presented a withering portrayal of former WorldCom chief executive Bernard Ebbers, who was said to have single-handedly "dominated" the failed company. In a 122-page report filed with the bankruptcy court, Richard Thornburgh also raised the...
Kremlin's last TV critic silenced
Russia's last independent national television station was ordered to shut down yesterday when it lost a court battle over its alleged bankruptcy, a decision widely seen as a politically inspired attempt to stifle criticism of the Kremlin. TV-6, a channel mainly owned by Boris Berezovsky,...